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6101 W Ogden Ave Cicero, IL 60804

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For Sale
$2,200,000

Single tenant NNN property in Chicago MSA.

Building Details

Year built
2006

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Listing Contact
Dominic Shamany
Dominic Shamany
Source: Legacycrea

Listing Agency: Legacy Real Estate Advisors Listing Agent: Dominic Shamany

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

Freestanding Advance Auto Parts Store

This single-tenant, free-standing property is occupied by Advance Auto Parts. The property benefits from a strong corporate guarantee, with Standard and Poor's giving the company a credit rating of BBB-. Located within the Chicago MSA, which is ranked #3 in the U.S. with a population north of 9.5 million in 2021, the property is situated in a dense community with over 36,300 residents within a 1-mile radius and over 233,300 residents within a 3-mile radius. The location experiences high traffic counts, with over 21,500 vehicles passing the site daily on Ogden Ave. Additionally, there are over 9,700 daytime employees within a 1-mile radius. The property features an NN lease structure, resulting in minimal landlord responsibilities. The surrounding area is affluent, with an average household income exceeding $74,800 within a 1-mile radius. The property's location within one mile of 9 different auto repair shops suggests that this store serves a business-to-business model. Advance Auto Parts financial statistics from 2020 to 2021 show full-year net sales of $11.0 billion (an increase of 8.8% year-over-year), same-store sales increased by 10.7%, and operating cash flow increased 14.7% to $1.1 billion. Cicero, IL, is located 7 miles west of downtown Chicago, also known as The Loop, which sees over 57 million visitors annually and is the most visited city in the Midwest.
Location Intelligence

Current Use by Public Records

Auto shops

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Accounting Firm

Zoning and permitted uses should be independently verified with local authorities.

Similar Places Nearby

Premium Window Tints, Dent Chief LLC, Davila Bros Window Tinting, Sadeq Auto Sale, Ron’s Towing

Location Insight

  • Map
  • Local Demand
City
Cicero
County
Cook
State
Illinois
Longitude
-87.776306
Latitude
41.832588

FAQs

What type of property is this?
Auto shop - Single tenant NNN property in Chicago MSA.
Where is this auto shop located?
The property is located at 6101 W Ogden Ave Cicero, IL.
What is the asking price?
The asking price for this property is $2,200,000.
What are key features of this property?
This property features: - Strong Corporate Guarantee: Standard and Poor's Credit Rating BBB- (Advance Auto Parts); - Located in the Chicago MSA: Ranked #3 in the U.S. with a population exceeding 9.5M (2021); - High Traffic Counts: 21,500+ Vehicles Pass Site Daily
More about this property
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